The Telegraph has reported that the UK government is drawing up plans to encourage retailers to introduce price caps on basic food … Continue reading “Food price caps are likely to backfire – as price caps always do”

Periods of economic crisis are a breeding ground for all sorts of “populist” ideas, often ones that have been discarded … Continue reading “The case against price controls during the pandemic”

Venezuela is “experiencing problems”, because the country has taken a “wrong turn”, Shadow Chancellor John McDonnell said on the Sunday … Continue reading “When did Venezuela take a “wrong turn”?”

What do landlords, foreign holiday resorts, Uber, and bottled water retailers in Houston have in common? In recent years, all … Continue reading “Why retailers should increase water prices after hurricanes”

The 8 June General Election is being viewed through the prism of Brexit. In one fell swoop, it is said … Continue reading “Delivering Brexit isn’t enough: Where’s the pro-growth vision for Britain?”

A week rarely goes by without new calls for government action to cap the price of a good or service … Continue reading “Why holiday prices shouldn’t be capped during school breaks”

“How could they be so heartless?” declared a newspaper on Facebook. “Shame on you” screamed the paper’s headline. No, this … Continue reading “The public are wrong. A defence of ‘heartless’ surge-pricing”

In my recent paper, entitled How Governments Harm Trade, I explain why in most cases the free market works best … Continue reading “How governments distort and reduce trade”

The Communication Workers Union (CWU) has recently published the paper ‘How to repair the housing market quickly – A crisis … Continue reading “We are the 6.6%! Why everybody is wrong on rent controls”